Report comment

I think they may even have moved on a lot since I retired, Anon 6.44.

So what happens to the 45 year old who lives in Brighton, has a £250,000 mortgage, a wife and two children aged 15 and 10? (Who is going to take him on? American Express and J P Morgan will also be busily trying to ship its galley slaves up to Salford Quays as well, you know). Home repossessed, wife and kids leave him, he sells ice cream on the pier, or what's left of it?

I was forever cutting costs, but always so as not to have to make any of my employees redundant. And I never did. They, after all, were my most important asset.

And I never made anything like the profits of the senior partners in Freshfields.

But, you never know, they could end up in Fallowfields. What an irony?

And as for redundancy payments? They might just pay the next few months' mortgage repayments if my 45 year old is lucky.

And BTW half of the point of the move to Manchester is so that some employees just refuse to go so no redundancy arises. QED!